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Technology Stocks : Ampex Corp: Digital Storage
AMPX 10.12-1.8%Nov 21 9:30 AM EST
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To: Michael Brian who wrote (1785)2/14/1997 4:29:00 PM
From: Madharry   of 3256
 
I don't know where the bottom is, but I believe the top will be a lot higher, I added to my position at $7.5. I have losses but I am not on margin and I hope that two-three years from now this will look like a very low price. I think the market is now penalizing companies that do not have significant profits or firm contracts irrespective of the promising technology. See the ADSLs and the biotechs. If you are long you will have to be patient.
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